Canadian Dollar / Japanese Yen
Long
Updated

Long CADJPY

92
Good morning traders,

I´m opening a long position with SL below 83.8 (daily close) . After 5 waves + series of lower highs the structure looks bullish.

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6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Josep Pocalles
Trade active
Still chances to re-enter with SL below 84 on a daily close
Note
I was stopped out and I´m re-entering again . SL 83.7 on a daily close

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